With the dividend although it will be far lower than last years. Hong kong media tycoon released on bail. His broken National Security laws beijing has branded him guilty. Breaking news out of south korea. We are getting Unemployment Rate numbers, and again, surprising to the upside. They fell to 4. 2 in the month of july, this after surprising to the upside the previous month, falling to 4. 3 in june. Of course, we have seen more job creation efforts. In fact, we just heard from south koreas Ruling Party Leader saying south korea will actively consider a fourth extra budget if needed. South korea has already pledged more than 225 billion in stimulus measures or roughly 14 of gdp to help put a floor on the jobs market, and right now, the july Unemployment Rate falling to 4. 2 . Lets turn to the markets and bring in Sophie Kamaruddin in hong kong. What are you watching . Korean alongside the jobless numbers, we are waiting on Australian Consumer confidence, due out later this morning, a
Where it faces an uncertain future. Majority leader Chuck Schumer has been noncommittal about whether hell bring it up for a vote. Some senators have already vowed to vote against it. It does move to the senate, President Biden has said he will sign it. Proponents have argued that tiktok is a Security Threat and the 170 million us users. Are still vulnerable to data theft. The riori vulnerable to data theft. The priority is vulnerable to data theft. The priority is National Vulnerable to data theft. Tue priority is national security. Thats what the primary issue is. There are trade offs. Former President Trump used a vac this idea, but this week, change his tune, tiktok poses security and privacy concerns, banning the app would be of boom for facebook with that, and national security, free speech and youth issue also becomes a campaign issue. Protesters took to capitol hill in support of tiktok. Do you have any concerns about china tapping into peoples phones or Security Risks . Securi
Impacts the Monetary Policy path. And we have an exclusive interview from aspen. With apple the market value is said to drop with concerns over its sales outlook. Amazon soars. From washington im kailey leinz with guy johnson area but come to bloomberg markets, happy friday and happy jobs day to you. Guy im not sure i am happy about what has happened with what we see today. This week has been about abbasid massive move in the bond market. Is this because of the payroll number or because everyone has been selling all week . That is critical. And then you look at the wage data you had lot highlighted in the headlines, does that tell us the fed will struggle to get down to 2 anytime soon and if that is the case, should the bond market be adjusting to that . Im not sure our understanding has taken note big leap forward in terms of the evolution of the economy and what is happening with the labor market. Kailey good point. Two fridays ago the 10 year yield was 3. 83. We are still at 4. 11 w
When Glenn Elementary students and their families reach Normal’s busy Fell Avenue, crossing guard Gayle Thomas is there to meet them. The retired construction manager, who's a great-grandfather, stands at the ready each weekday.